Bank of America stock has one of the strongest uptrends in the market since the end of the financial crisis. In comparison with XLF, BAC is up 88% in 5y.
Since January stock has been trading in a range from $26.5 to $31.2.askbrokers
I will pay close attention at MA200, which stands as a strong support level and the price at $28.
If the price break below those levels, the long-term bearish sell signal will likely to come and mark the beginning of a long-term downtrend.
Since January stock has been trading in a range from $26.5 to $31.2.askbrokers
I will pay close attention at MA200, which stands as a strong support level and the price at $28.
If the price break below those levels, the long-term bearish sell signal will likely to come and mark the beginning of a long-term downtrend.